➡️Upgrades adjusted BS Earnings for FY, but interesting to note this is up while operating profit is down for Interims due to increased depreciation costs.
➡️Announces another €500m buyback.
➡️Actual PBT looks flat on PY due to restructuring, depreciation & interest costs. 🤷
➡️Upgrades adjusted BS Earnings for FY, but interesting to note this is up while operating profit is down for Interims due to increased depreciation costs.
➡️Announces another €500m buyback.
➡️Actual PBT looks flat on PY due to restructuring, depreciation & interest costs. 🤷
✅"FY profitability to be towards the upper end of market expectations"
✅Notes "a sequentially improving trend" of Rev growth.
✅Q3 Rev up 19.5%, with EV charging a driver.
✅Op margins up 40bps in Q3.
➡️Leverage of 1.6x - not a "strong B/S" imo.
✅"FY profitability to be towards the upper end of market expectations"
✅Notes "a sequentially improving trend" of Rev growth.
✅Q3 Rev up 19.5%, with EV charging a driver.
✅Op margins up 40bps in Q3.
➡️Leverage of 1.6x - not a "strong B/S" imo.
Looks like it downgraded guidance so comprehensively earlier in the year that it is now at the high end of expectations.
➡️FY Rev of $1.32bn & PBT of $142m+, both at high end of range.
➡️Tarrifs impacting product costs later than anticipated, supporting profits.
➡️Cash of £124m.
Looks like it downgraded guidance so comprehensively earlier in the year that it is now at the high end of expectations.
➡️FY Rev of $1.32bn & PBT of $142m+, both at high end of range.
➡️Tarrifs impacting product costs later than anticipated, supporting profits.
➡️Cash of £124m.
For holders, there will be some relief this morning that todays' TU does not downgrade performance further, but even suggests a potential recovery.
➡️"financial performance for FY25 will be in line with its expectations"
➡️Conditions still tough, but activity pick up in some geographies.
For holders, there will be some relief this morning that todays' TU does not downgrade performance further, but even suggests a potential recovery.
➡️"financial performance for FY25 will be in line with its expectations"
➡️Conditions still tough, but activity pick up in some geographies.
A rare example of a company referring back to previous statements to then report something good, as opposed to using them as previous markers to then report poor performance.
✅"Group revenue to be higher than previously envisaged, with enhanced anticipated profitability"
A rare example of a company referring back to previous statements to then report something good, as opposed to using them as previous markers to then report poor performance.
✅"Group revenue to be higher than previously envisaged, with enhanced anticipated profitability"
➡️Overall, "FY25 adjusted operating profit in line with analyst expectations"
➡️EPS benefits from slightly lower finance costs. Net debt at £95m.
➡️Order book up 30% to £1.3bn.
➡️Further contract wins, a number of which are listed.
➡️Outlook: "robust market conditions"
➡️Overall, "FY25 adjusted operating profit in line with analyst expectations"
➡️EPS benefits from slightly lower finance costs. Net debt at £95m.
➡️Order book up 30% to £1.3bn.
➡️Further contract wins, a number of which are listed.
➡️Outlook: "robust market conditions"
➡️Rev up 7%, adj PBT down 16%, divi up 5%.
✅Bookings up 27%, ARR up 19%, contracted backlog up 12%.
➡️Costs up due investments, NI increase & use of contractors to add short-term delivery capacity.
➡️Cash of £105.5m down - restructuring & WC.
➡️"FY profit expectations maintained"
➡️Rev up 7%, adj PBT down 16%, divi up 5%.
✅Bookings up 27%, ARR up 19%, contracted backlog up 12%.
➡️Costs up due investments, NI increase & use of contractors to add short-term delivery capacity.
➡️Cash of £105.5m down - restructuring & WC.
➡️"FY profit expectations maintained"
Whilst I could not find recent evidence of this speculation, it seems there has been chatter re ITV selling its M&E business and today it announces preliminary disccsions on a sale to Sky for £1.6bn.
Whilst I could not find recent evidence of this speculation, it seems there has been chatter re ITV selling its M&E business and today it announces preliminary disccsions on a sale to Sky for £1.6bn.
➡️Rev to be £311-£318m, although this looks to be in constant currency & a small miss vs expectations.
➡️PBT to be £76-79m, with the top end of the range trimmed by £1m since Interims.
➡️Laundry up strongly, photo down slightly.
➡️"well-positioned" for year ahead.
➡️Rev to be £311-£318m, although this looks to be in constant currency & a small miss vs expectations.
➡️PBT to be £76-79m, with the top end of the range trimmed by £1m since Interims.
➡️Laundry up strongly, photo down slightly.
➡️"well-positioned" for year ahead.
➡️Rev up 8% (10% in cc), with US up an impressive 20% (in cc).
➡️"We delivered strong momentum in the first half of the year and are well placed for the Holiday trading period"
➡️"We are reiterating our FY26 guidance for the FY"
➡️Notes uncertainties, investing in stores.
➡️Rev up 8% (10% in cc), with US up an impressive 20% (in cc).
➡️"We delivered strong momentum in the first half of the year and are well placed for the Holiday trading period"
➡️"We are reiterating our FY26 guidance for the FY"
➡️Notes uncertainties, investing in stores.
✅Has won a €7m contract to supply "RF assemblies for integration into a major Low Earth Orbit satellite constellation programme over next 3 years.
Looks a useful broadening of customer base & demonstrates its capability in this area.
✅Has won a €7m contract to supply "RF assemblies for integration into a major Low Earth Orbit satellite constellation programme over next 3 years.
Looks a useful broadening of customer base & demonstrates its capability in this area.
✅Reports Jurrasic World Evolution 3 has seen strong player engagement & critic reviews.
✅Has shifted 500k units in c2 weeks at higher revenue than its predecessor.
✅"strong launch of Jurassic World Evolution 3 bodes well for Frontier's current financial year"
✅Reports Jurrasic World Evolution 3 has seen strong player engagement & critic reviews.
✅Has shifted 500k units in c2 weeks at higher revenue than its predecessor.
✅"strong launch of Jurassic World Evolution 3 bodes well for Frontier's current financial year"
🚨1H Rev down 7%, FY Rev behind PY
➡️Notes an improving qtrly sequential revenue trend
➡️BS Earnings of £53m - so a LBT is a nailed on cert.
➡️Expects 2H improvement, but notes lots of risks.
➡️Self-help measures progressing well.
➡️Property sales anticipated.
➡️Working on debt refinancing.
🚨1H Rev down 7%, FY Rev behind PY
➡️Notes an improving qtrly sequential revenue trend
➡️BS Earnings of £53m - so a LBT is a nailed on cert.
➡️Expects 2H improvement, but notes lots of risks.
➡️Self-help measures progressing well.
➡️Property sales anticipated.
➡️Working on debt refinancing.
I think its hard to beat the early series of 24 "My name is Jack Bauer and this is the longest day of my life"
I think its hard to beat the early series of 24 "My name is Jack Bauer and this is the longest day of my life"
➡️Rev up 2%, PBT up 42.5%, adj EPS up 27%.
✅Raises BS Earnings guidance from 6-9% growth to 10-13% growth. "Given the strength of our 1H performance, we are again raising our [BS Earnings] guidance for the full year".
➡️Benefits from operational leverage.
➡️Further buyback underway.
➡️Rev up 2%, PBT up 42.5%, adj EPS up 27%.
✅Raises BS Earnings guidance from 6-9% growth to 10-13% growth. "Given the strength of our 1H performance, we are again raising our [BS Earnings] guidance for the full year".
➡️Benefits from operational leverage.
➡️Further buyback underway.
➡️YTD lfl sales up 3.7%, total Rev up 4.2% & outperforming the hospitality business tracker.
➡️Some property & franchise juggling.
➡️Outlook : Edited below to remove abuse of the RNS system for spouting personal opinions & it boils down to caution ahead of upcoming budget statement.
➡️YTD lfl sales up 3.7%, total Rev up 4.2% & outperforming the hospitality business tracker.
➡️Some property & franchise juggling.
➡️Outlook : Edited below to remove abuse of the RNS system for spouting personal opinions & it boils down to caution ahead of upcoming budget statement.
🚨Warns that "the Board expects full year performance to be below expectations"
🚨Warns business is tough & it's under-performing, saying, it has "continued to experience challenging market dynamics and execution".
➡️Cost cuts, operational improvements & property sales on the menu.
🚨Warns that "the Board expects full year performance to be below expectations"
🚨Warns business is tough & it's under-performing, saying, it has "continued to experience challenging market dynamics and execution".
➡️Cost cuts, operational improvements & property sales on the menu.
➡️1H "profit to be in line with market expectations for the Period"
➡️SW Depot now on track after add'l spend - to hit targets in 2026.
➡️Accounting Date change.
➡️CFO retires - internal succession.
➡️"macroeconomic outlook is set to remain difficult for the foreseeable future"
➡️1H "profit to be in line with market expectations for the Period"
➡️SW Depot now on track after add'l spend - to hit targets in 2026.
➡️Accounting Date change.
➡️CFO retires - internal succession.
➡️"macroeconomic outlook is set to remain difficult for the foreseeable future"
➡️Rev up 6.6%, PBT up 169.8%, net debt down 13.6%.
➡️"The outlook for the current period continues to be in line with the Board's expectations"
➡️Post reporting period trading has seen "healthy underlying demand for the Group's products"
➡️Pricing seeks to offset tariffs.
➡️Rev up 6.6%, PBT up 169.8%, net debt down 13.6%.
➡️"The outlook for the current period continues to be in line with the Board's expectations"
➡️Post reporting period trading has seen "healthy underlying demand for the Group's products"
➡️Pricing seeks to offset tariffs.
Languising on a fwd P/E of 9.9, the valuation reflects an ex-growth performance echoed in the Q3 update.
My highlights summary below 👇
Languising on a fwd P/E of 9.9, the valuation reflects an ex-growth performance echoed in the Q3 update.
My highlights summary below 👇
➡️Rev flat at £7.7m, op profit up 10.4% before adjustments (which I would like to see).
➡️Net debt down £0.5m to £0.5m despite a small buyback & divis.
➡️Did up to 0.4p.
➡️"confident in the Group's outlook for the remainder of the year"
Still looks pricey to me imo.
➡️Rev flat at £7.7m, op profit up 10.4% before adjustments (which I would like to see).
➡️Net debt down £0.5m to £0.5m despite a small buyback & divis.
➡️Did up to 0.4p.
➡️"confident in the Group's outlook for the remainder of the year"
Still looks pricey to me imo.
➡️Overall Q3 was in line with expectations & flat with a strong PY comparator in constant currency.
➡️FY outlook: "the Board expects revenue and adj PBT for 2025 to be in line with current market expectations"
➡️B/S leverage at 0.5x - good cashflow.
➡️Strategic progress: "exceptional"
➡️Overall Q3 was in line with expectations & flat with a strong PY comparator in constant currency.
➡️FY outlook: "the Board expects revenue and adj PBT for 2025 to be in line with current market expectations"
➡️B/S leverage at 0.5x - good cashflow.
➡️Strategic progress: "exceptional"
✅PAT up 42% for 1H & up 20% in Q2.
✅Passenger volumes up 3%, fares up 13%, costs strongly contained, fuel hedges extended & some earlier plane deliveries all helping.
✅PAT up 42% for 1H & up 20% in Q2.
✅Passenger volumes up 3%, fares up 13%, costs strongly contained, fuel hedges extended & some earlier plane deliveries all helping.
➡️Confirming the SkyNews pre-RNS story published yesterday about a potential acquisition of M&C Performance business for £50m.
➡️Would "be materially accretive to underlying Group earnings per share on a pro-forma basis."
➡️Funded by debt & a placing.
➡️Confirming the SkyNews pre-RNS story published yesterday about a potential acquisition of M&C Performance business for £50m.
➡️Would "be materially accretive to underlying Group earnings per share on a pro-forma basis."
➡️Funded by debt & a placing.